NIPPON PARKING DEVELOPMENT (2353.T)

P/B ratio as of December 2024 : 3.89

According to NIPPON PARKING DEVELOPMENT's latest financial reports the company has a price-to-book ratio of 2.19083.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

NIPPON PARKING DEVELOPMENT - P/B ratio (from 2009 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	4.69	-51.39%
2022-12-31	9.65	120.83%
2021-12-31	4.37	-9.45%
2020-12-31	4.83	2.88%
2019-12-31	4.69	-3.46%
2018-12-31	4.86	-30.1%
2017-12-31	6.95	10.18%
2016-12-31	6.31	3.48%
2015-12-31	6.10	-19.48%
2014-12-31	7.57	-21.73%
2013-12-31	9.68	20.51%
2012-12-31	8.03	20.78%
2011-12-31	6.65	-23.04%
2010-12-31	8.64	-32.62%
2009-12-31	12.8

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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NIPPON PARKING DEVELOPMENT (2353.T) - P/B ratio